Betting Gaming & Lotteries Commission
Betting Gaming & Lotteries Commission
No, the Betting Gaming and Lotteries Commission (BGLC) is a government statutory body reporting to the Ministry of Finance, mandated to regulate the following sectors of the Gaming Industry:
Supreme Ventures Ltd. (SVL) pays a license fee to the BGLC in order to be a registered operator of its lottery games, and other licensing fees to operate other SVL owned facilities and services. adherence SVL is a thus referred to as a licensee of the BGLC, just like other licensees also considered fit and proper to conduct betting, gaming in the island, such as, betting shops, gaming lounges, or the owner of a gaming machine in a bar on a street corner. The BGLC also audits the operations of its licensees to ensure they are in compliance with tax and other laws of the country.
Monday to Thursday 9:00am – 3pm; and Friday 9:00am – 2pm
As we found that many of the tasks in each division were duplicated, so the BGLC has streamlined its operations now to create functional divisions rather than sector divisions (Betting, Gaming or Lotteries). The Compliance and Regulatory Division does all audit and compliance functions for all licensees, regardless of whether you are a gaming, betting or lotteries licensee. Similarly, the Licensing and Registration Division does all licensing and registration for all licensees regardless of sector.
Any person under the age of 18 years.
A Bookmaker is any person who, whether occasionally or regularly carries on the business of receiving or negotiating bets at declared odds and is the holder of a valid Bookmaker’s Permit authorizing him so to act.
Initially, you are required to complete and submit an Application form for a Bookmaker’s Permit accompanied by the following:
Please note that the Commission will conduct due diligence investigations on all shareholders/directors associated with the Bookmaking Company in order to satisfy itself that these persons are ‘fit and proper’, as outlined in Section 7(1) (2B) of the Betting Gaming and Lotteries (2010) Amendment Act.
No.
The Local Racing Authority, The Jamaica Racing Commission is responsible for the administration of the local racing product.
Yes, an applicant must enter into an agreementwith the local racing provider, Caymanas Track Limited (CTL) prior to accepting wagering on local horse racing. An agreement is also needed with the overseas racing promoter if a bookmaker intends to accept wagering on overseas racing. The Rights fee charged by the local and overseas racing promoter is a private arrangement between the Bookmaker and the Promoter(s). The Commission MUST however be provided with the Right Fees Agreement between the Promoter and Bookmaker prior to a Permit being granted.
Bookmakers provide their own rules, however these rules must be approved by the Commission